Composition Wealth LLC Invests $835,000 in Jabil, Inc. $JBL

Key Points

• Composition Wealth LLC initiated a new position in Jabil (NYSE:JBL), buying 3,661 shares worth about $835,000, and other institutions also increased stakes, leaving institutional investors with 93.39% ownership.
• Jabil beat expectations with $2.69 EPS (vs. $2.51 est.) and revenue of $8.28B (+23.1% YoY), spurring multiple analyst price-target raises and a MarketBeat consensus rating of "Buy" (target ~$290.63).
• Insiders have been net sellers recently, disposing of 37,981 shares (~$11.36M) in the last 90 days, leaving insiders with about 1.35% ownership.

Composition Wealth LLC bought a new position in Jabil, Inc. (NYSE:JBL - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 3,661 shares of the technology company's stock, valued at approximately $835,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in JBL. Integrated Wealth Concepts LLC grew its stake in shares of Jabil by 34.4% during the 1st quarter. Integrated Wealth Concepts LLC now owns 2,811 shares of the technology company's stock worth $382,000 after purchasing an additional 720 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Jabil by 70.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,320 shares of the technology company's stock worth $2,493,000 after purchasing an additional 7,602 shares during the period. Focus Partners Wealth grew its stake in shares of Jabil by 20.0% during the 1st quarter. Focus Partners Wealth now owns 4,967 shares of the technology company's stock worth $676,000 after purchasing an additional 829 shares during the period. Geneos Wealth Management Inc. grew its stake in shares of Jabil by 50.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 582 shares of the technology company's stock worth $79,000 after purchasing an additional 194 shares during the period. Finally, Jump Financial LLC acquired a new stake in shares of Jabil during the 2nd quarter worth approximately $488,000. Institutional investors and hedge funds own 93.39% of the company's stock.

Jabil Stock Down 0.5%

NYSE JBL opened at $340.67 on Tuesday. Jabil, Inc. has a 52 week low of $146.88 and a 52 week high of $349.62. The company has a quick ratio of 0.68, a current ratio of 1.01 and a debt-to-equity ratio of 2.50. The business's fifty day simple moving average is $281.97 and its 200-day simple moving average is $246.17. The firm has a market cap of $35.94 billion, a PE ratio of 45.73, a P/E/G ratio of 1.78 and a beta of 1.29.

Jabil (NYSE:JBL - Get Free Report) last posted its quarterly earnings results on Wednesday, March 18th. The technology company reported $2.69 EPS for the quarter, topping the consensus estimate of $2.51 by $0.18. The business had revenue of $8.28 billion for the quarter, compared to analyst estimates of $7.75 billion. Jabil had a return on equity of 80.96% and a net margin of 2.48%.The company's quarterly revenue was up 23.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.94 EPS. As a group, equities analysts anticipate that Jabil, Inc. will post 11.3 earnings per share for the current year.

Jabil Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 2nd. Investors of record on Friday, May 15th will be given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend is Friday, May 15th. Jabil's dividend payout ratio (DPR) is presently 4.30%.

Wall Street Analyst Weigh In

JBL has been the topic of a number of analyst reports. Stifel Nicolaus raised their price objective on shares of Jabil from $255.00 to $290.00 and gave the stock a "buy" rating in a research note on Thursday, March 19th. Zacks Research raised shares of Jabil from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, April 15th. JPMorgan Chase & Co. raised their price objective on shares of Jabil from $270.00 to $300.00 and gave the stock an "overweight" rating in a research note on Thursday, March 12th. Robert W. Baird raised their price objective on shares of Jabil from $275.00 to $281.00 and gave the stock an "outperform" rating in a research note on Thursday, March 19th. Finally, Barclays increased their target price on Jabil from $283.00 to $304.00 and gave the company an "overweight" rating in a research report on Wednesday, March 18th. Two analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of $290.63.

Insider Activity

In related news, Director Anousheh Ansari sold 2,000 shares of the firm's stock in a transaction dated Friday, April 10th. The stock was sold at an average price of $300.00, for a total transaction of $600,000.00. Following the completion of the sale, the director directly owned 31,800 shares of the company's stock, valued at approximately $9,540,000. This trade represents a 5.92% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Steven D. Borges sold 5,126 shares of the firm's stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $317.51, for a total value of $1,627,556.26. Following the sale, the executive vice president directly owned 71,398 shares of the company's stock, valued at $22,669,578.98. The trade was a 6.70% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 37,981 shares of company stock worth $11,360,740. 1.35% of the stock is currently owned by corporate insiders.

About Jabil

Jabil Inc NYSE: JBL is a global manufacturing solutions provider specializing in electronic manufacturing services (EMS) and diversified products across a wide range of industries. The company partners with original equipment manufacturers to deliver design engineering, supply chain management, precision manufacturing, and aftermarket services. Jabil's expertise spans sectors such as healthcare, automotive, clean technology, telecommunications, consumer electronics, and packaging, enabling it to support both high-volume production and complex, mission-critical applications.

Founded in 1966 by William E.

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